(Boursier.com) — A leader in supplementary collective pensions, ARIAL CNP ASSURANCES has obtained its FRPS (Supplementary Professional Retirement Fund) approval from the French Prudential Control and Resolution Authority (ACPR).
The adoption of this new status is an opportunity for ARIAL CNP ASSURANCES as well as for its shareholders, AG2R LA MONDIALE and CNP Assurances, to support the development of the supplementary pension market in France through its solutions dedicated to companies and their employees with a completely revamped range of savings products:
– The PER Companies grouping the Mandatory PER (or “PERO”) and the Collective Company PER (or “PERECO”).
– Coverage of social liabilities relating to the management of commitments in respect of end-of-career indemnities (IFC) and defined-benefit supplementary retirement schemes.
With more than 272,000 corporate clients and 1.7 million policyholders, ARIAL CNP ASSURANCES is currently the only insurer in France exclusively dedicated to supplementary collective retirement.
“The transformation of ARIAL CNP ASSURANCES into an FRPS has many advantages for our clients in terms of management and financial solidity. The solvency rules of this prudential regime are better suited to pension contracts spanning more than 30 years. and make it possible to optimize the outlook for returns for the benefit of our policyholders”, underlines Christian Borsoni, Managing Director of ARIAL CNP ASSURANCES.
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